Bitcoin traders pinpoint key levels to watch as BTC price tests key trendlines

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Bitcoin traders pinpoint key levels to watch as BTC price tests key trendlines
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While the future remains unclear for Bitcoin, some key price points will determine its path forward. (Reporting via WilliamSuberg)

Volatility was cool as August began, but angst over a potential showdown between the United States and China over House Speaker Nancy Pelosi's visit to Taiwan is already showing in Asian trading on Aug. 2.

At present, BTC/USD is eating through a band of bids just below $23,000. Should all that liquidity be taken, however, there is little more to support price action until closer to $21,000.

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